Cathie Wood Doubles Down On Peter Thiel's Bullish, Ark Sells Taiwan Semiconductor Stock Amid Spike - Taiw

On Thursday, Cathie Wood-led Ark Invest made significant trades, notably increasing its stake in Bullish Inc.

(NYSE:BLSH) while reducing its position in Taiwan Semiconductor Manufacturing Co., Ltd.

(NYSE:TSM).

These trades reflect Ark's strategic adjustments amid evolving market conditions.

The Bullish Trade Ark Invest made a substantial investment in the Peter Thiel-backed Bullish on Thursday, purchasing a total of 139,117 shares across its ARK Blockchain & Fintech Innovation ETF (BATS:ARKF), ARK Innovation ETF (BATS:ARKK), and ARK Next Generation Internet ETF (BATS:ARKW).